Ethereum Dip Buy: ‘Buddy’ Increases 25x Long to $37.36M with $863,700 Unrealized Gains

ETH

ETH/USDT

$1,961.93

+3.95%

$1,961.93

+3.95%

(24s)

24h Volume

$9,769,682,881.82

24h H/L

$1,981.24 / $1,881.61

Change: $99.63 (5.29%)

Long/Short

58.3%

Long: 58.3%Short: 41.8%

Funding Rate

+0.0054%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,968.25

▲ 0.69%

Volume (24h): -

Resistance Levels

Resistance 3$2,148.26

Resistance 2$2,030.57

Resistance 1$1,991.47

Price$1,968.25

Support 1$1,964.72

Support 2$1,912.19

Support 3$1,860.54

Pivot (PP):$1,931.98

Trend:Uptrend

RSI (14):64.7

COINOTAG News, December 5, citing HyperInsight, reports that Ethereum faced a persistent intraday dip, yet a seasoned trader cohort maintained a buy-the-dip stance and expanded their ETH exposure. The group’s 25x long position has risen to about $37.36 million, with unrealized gains around $863,700.

Such leveraged positioning highlights ongoing interest in ETH derivatives and a potential near-term bullish bias for Ethereum. Readers should monitor margin requirements and volatility as the position evolves, with risk controls and real-time P&L remaining unrealized until exits are executed.

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